Loans for Beauty Salons
With these loans for beauty salons, the SBA guarantees the lender that the loan will be repaid. This beauty salons loan for $27,600 was given to a Nebraska entrepreneur in 2001.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Tierone Bank, out of Grand Island, Nebraska. The loan was granted and they received $27,600 to help grow their North Platte, Nebraska business.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
NORTH PLATTE, NE 69101
SBA Loan Lender
TIERONE BANK
700 N WEBB RD
GRAND ISLAND, NE 68803
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
12/18/2001
Loan Approval Gross Amount
$27,600
Loan Approval from the SBA
Of the total $27,600 loan amount, the SBA guaranteed $23,460.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Tierone Bank and they will explain how you can get an SBA loan for your company.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Angel Investors
SBA 7A Lenders in Grand Island, Nebraska
Nebraska SBA 7A Banks